Today, we start with a scoop about TikTok, the video-sharing app that’s caught in the middle of the U.S.-China tech war. TikTok isn’t standing stillAs TikTok negotiates its potential sale, which must be completed within 90 days to prevent the Chinese-owned app from being shut down in the U.S., it is signing a different sort of deal. TikTok is partnering with UnitedMasters, a music distribution company, to allow artists on the video-sharing platform to distribute their songs directly from the app to streaming services like Apple Music, Spotify and YouTube. The deal is expected to be announced today. Much of his time has been spent reacting to geopolitics, with TikTok’s parent company, the Beijing-based ByteDance, ensnared in the tech cold war between the U.S. and China.
Source: New York Times August 17, 2020 11:21 UTC